https://www.taxtmi.com/caselaws?id=468915 An addition under section 69A could not be sustained where the Assessing Officer relied on alleged accommodation-entry material without furnishing the underlying transaction details, breakup, scrips, concerns, or corroborative evidence to the assessee. The burden to explain an alleged unexplained amount arises only after credible material is disclosed and confronted; material gathered behind the assessee's back cannot justify the addition. The deletion of the addition was therefore upheld and the Revenue's challenge failed. en-us Mon, 10 Feb 2025 00:00:00 +0530 Mon, 25 May 2026 20:05:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468915 An addition under section 69A could not be sustained where the Assessing Officer relied on alleged accommodation-entry material without furnishing the underlying transaction details, breakup, scrips, concerns, or corroborative evidence to the assessee. The burden to explain an alleged unexplained amount arises only after credible material is disclosed and confronted; material gathered behind the assessee's back cannot justify the addition. The deletion of the addition was therefore upheld and the Revenue's challenge failed. Case-Laws Income Tax Mon, 10 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468915